Today in forex trading the CAD/CHF had a buy signal and moved higher. The CHF (Swiss Franc) was weak on all pairs, diving movement on the CAD/CHF and several other pairs. There was some GBP strength and CAD strength in the market, this helped to drive the GBP/CHF and CAD/CHF higher. The GBP/CHF should continue higher on the existing D1 time frame and a stronger uptrend might form on this pair. The CAD/CHF may continue cycling up for one more day, but the overall trend is down on the larger time frames. The trading signals you see below are from The Forex Heatmap®, which gives live buy and sell signals on 28 currency pairs.
CAD/CHF Trading Signal 3-25-2014